Upcoming Dividend • May 06
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 13 May 2026. Payment date: 29 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (3.2%). New Risk • Apr 28
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 1.8% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 19% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Declared Dividend • Mar 04
Final dividend of S$0.01 announced Dividend of S$0.01 is the same as last year. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (7% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 1.0% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Feb 14
OUE Limited to Report Fiscal Year 2025 Results on Feb 27, 2026 OUE Limited announced that they will report fiscal year 2025 results on Feb 27, 2026 Announcement • Feb 13
OUE Limited Provides Earnings Guidance for the Year Ended 31 December 2025 OUE Limited provided earnings guidance for the year ended 31 December 2025 . For the year, company The expected losses are mainly due to: (i) the share of results of equity-accounted investees, namely the estimated losses from Gemdale Properties and Investment Corporation Limited ("GPI"), an investee company which is 29.07% owned by the Group, whose business in the People's Republic of China (the "PRC") was adversely impacted by the prevailing slow-down of the property market and the current economic environment in the PRC. The Group's share of results of equity-accounted investees, which include GPI, recorded a loss of SGD 46.0 million in the first half ended 30 June 2025 ("1H 2025"). A loss ranging from SGD 220.0 million to SGD 240.0 million is expected to be recorded for the full year ended 31 December 2025; and (ii) an impairment loss which is expected to be recognised for the Group's investment in GPI, subject to the finalisation of impairment assessment. (ii) an impairment loss which is expected to be recognised for the Group's investment in GPI,subject to the finalisation of impairment assessment. Announcement • Dec 17
OUE Limited (SGX:LJ3) entered into a share purchase agreement to acquire an additional 19.32% stake in OUE Healthcare Limited (Catalist:5WA) from Browny Healthcare Pte Ltd for SGD 20.7 million. OUE Limited (SGX:LJ3) entered into a share purchase agreement to acquire an additional 19.32% stake in OUE Healthcare Limited (Catalist:5WA) from Browny Healthcare Pte Ltd. for SGD 20.7 million on December 16, 2025. Following Closing, OUE Limited will hold 3,984,729,000 shares in the Company, representing approximately 89.68% of the Company's total issued share capital, and BHPL will no longer hold any shares in the Company. The Consideration shall be fully funded by the Company's internal resources. The Transaction has no material impact on the consolidated EPS of the Group.
The Transaction is expected to complete on December 24, 2025 or such other date as may be agreed between the parties in writing. Upcoming Dividend • Sep 02
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 09 September 2025. Payment date: 25 September 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Singaporean dividend payers (5.5%). Lower than average of industry peers (3.3%). Declared Dividend • Aug 16
First half dividend of S$0.01 announced Dividend of S$0.01 is the same as last year. Ex-date: 9th September 2025 Payment date: 25th September 2025 Dividend yield will be 1.8%, which is lower than the industry average of 4.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (6% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Upcoming Dividend • May 06
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 13 May 2025. Payment date: 29 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Singaporean dividend payers (5.9%). Lower than average of industry peers (4.1%). Declared Dividend • Mar 06
Final dividend of S$0.01 announced Shareholders will receive a dividend of S$0.01. Ex-date: 13th May 2025 Payment date: 29th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 4.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 3.9% per year over the past 5 years. Announcement • Mar 01
OUE Limited, Annual General Meeting, Apr 23, 2025 OUE Limited, Annual General Meeting, Apr 23, 2025. New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Lead Independent Director Boh Soon Lim was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Sep 04
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 10 September 2024. Payment date: 26 September 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Singaporean dividend payers (6.1%). Lower than average of industry peers (4.1%). Declared Dividend • Aug 15
First half dividend of S$0.01 announced Shareholders will receive a dividend of S$0.01. Ex-date: 10th September 2024 Payment date: 26th September 2024 Dividend yield will be 4.0%, which is lower than the industry average of 4.2%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (6% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Jul 20
OUE Limited to Report First Half, 2024 Results on Aug 14, 2024 OUE Limited announced that they will report first half, 2024 results on Aug 14, 2024 Upcoming Dividend • May 01
Upcoming dividend of S$0.03 per share Eligible shareholders must have bought the stock before 08 May 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (4.3%). Announcement • Apr 04
OUE Limited, Annual General Meeting, Apr 26, 2024 OUE Limited, Annual General Meeting, Apr 26, 2024, at 14:00 Singapore Standard Time. Location: Hilton Singapore Orchard (333 Orchard Road, Singapore 238867), Grand Ballroom, Level 6, Orchard Wing, Singapore Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2023 and the Auditor's Report thereon; to declare a tax exempt (one-tier) final dividend of 1 cent per ordinary share and a tax exempt (one-tier) special dividend of 2 cents per ordinary share for the year ended December 31, 2023; to consider and approve Directors' Fees of S$588,750 for the year ended 31 December 2023 (2022: S$588,750); to re-elect the following Directors retiring pursuant to Article 95 of the Company's Constitution and who being eligible, offer themselves for re-election; and to consider other matters. Declared Dividend • Mar 02
Final dividend of S$0.03 announced Shareholders will receive a dividend of S$0.03. Ex-date: 8th May 2024 Payment date: 24th May 2024 Dividend yield will be 3.7%, which is lower than the industry average of 4.2%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Upcoming Dividend • Sep 06
Upcoming dividend of S$0.01 per share at 2.5% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (3.9%). New Risk • Aug 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 24% Last year net profit margin: 40% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (24% net profit margin). Upcoming Dividend • May 09
Upcoming dividend of S$0.015 per share at 2.6% yield Eligible shareholders must have bought the stock before 16 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Singaporean dividend payers (6.5%). Lower than average of industry peers (3.6%). Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: S$0.22 (vs S$0.092 in FY 2021) Full year 2022 results: EPS: S$0.22 (up from S$0.092 in FY 2021). Revenue: S$491.1m (up 63% from FY 2021). Net income: S$189.9m (up 135% from FY 2021). Profit margin: 39% (up from 27% in FY 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: S$0.22 (vs S$0.092 in FY 2021) Full year 2022 results: EPS: S$0.22 (up from S$0.092 in FY 2021). Revenue: S$491.1m (up 63% from FY 2021). Net income: S$192.0m (up 137% from FY 2021). Profit margin: 39% (up from 27% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 07
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Singaporean dividend payers (6.0%). Lower than average of industry peers (3.3%). Reported Earnings • Aug 11
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down S$30.1m from profit in 1H 2021). Profit margin: (down from 20% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 02
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Singaporean dividend payers (5.8%). Lower than average of industry peers (3.1%). Reported Earnings • Apr 08
Full year 2021 earnings released: EPS: S$0.092 (vs S$0.38 loss in FY 2020) Full year 2021 results: EPS: S$0.092 (up from S$0.38 loss in FY 2020). Revenue: S$300.8m (down 43% from FY 2020). Net income: S$80.9m (up S$424.3m from FY 2020). Profit margin: 27% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 01
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: S$0.092 (up from S$0.38 loss in FY 2020). Revenue: S$300.8m (down 43% from FY 2020). Net income: S$80.9m (up S$424.3m from FY 2020). Profit margin: 27% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 01
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 08 September 2021. Payment date: 23 September 2021. Trailing yield: 1.4%. Lower than top quartile of Singaporean dividend payers (5.3%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 05
First half 2021 earnings released: EPS S$0.034 (vs S$0.23 loss in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: S$152.0m (down 50% from 1H 2020). Net income: S$30.1m (up S$237.2m from 1H 2020). Profit margin: 20% (up from net loss in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 04
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 11 May 2021. Payment date: 28 May 2021. Trailing yield: 0.7%. Lower than top quartile of Singaporean dividend payers (4.6%). Lower than average of industry peers (2.8%). Reported Earnings • Apr 10
Full year 2020 earnings released: S$0.38 loss per share (vs S$0.28 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$530.5m (down 43% from FY 2019). Net loss: S$343.4m (down 235% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: S$530.5m (down 43% from FY 2019). Net loss: S$343.4m (down 235% from profit in FY 2019). Is New 90 Day High Low • Feb 18
New 90-day low: S$1.11 The company is down 4.0% from its price of S$1.16 on 20 November 2020. The Singaporean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: S$1.21 The company is up 5.0% from its price of S$1.15 on 18 September 2020. The Singaporean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 29
New 90-day low: S$1.12 The company is down 2.0% from its price of S$1.14 on 30 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 3.0% over the same period. 
